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Supplemental Financial Information (Tables)

12 Months Ended

Dec. 31, 2017

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Income Statement [Table Text Block]

Emera Incorporated

Condensed Consolidated Statements of Income

For the year ended December 31, 2017

		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Operating revenues	$	-	$	-	$	4,165	$	2,118	$	(57)	$	6,226
Operating expenses		41		-		3,241		1,610		(57)		4,835
Income (loss) from operations		(41)		-		924		508		-		1,391
Income (loss) from equity investments in subsidiaries		336		-		-		-		(336)		-
Income from equity investments		1		-		1		122		-		124
Intercompany income (expenses), net		92		195		(204)		(45)		(38)		-
Other income (expenses), net		-		-		16		(19)		5		2
Interest expense, net		138		155		242		163		-		698
Income (loss) before provision for income taxes		250		40		495		403		(369)		819
Income tax expense (recovery)		(44)		17		511		36		-		520
Net income (loss)		294		23		(16)		367		(369)		299
Non-controlling interest in subsidiaries		-		-		-		1		4		5
Preferred stock dividends		28		-		29		13		(42)		28
Net income (loss) attributable to common shareholders	$	266	$	23	$	(45)	$	353	$	(331)	$	266
Comprehensive income (loss) of Emera Incorporated	$	-	$	3	$	(392)	$	372	$	17	$	-

		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Operating revenues	$	-	$	-	$	2,494	$	1,818	$	(35)	$	4,277
Operating expenses		39		-		2,127		1,591		(35)		3,722
Income (loss) from operations		(39)		-		367		227		-		555
Income (loss) from equity investments in subsidiaries		150		-		-		-		(150)		-
Income from equity investments		18		-		-		82		-		100
Intercompany income (expenses), net		203		101		(107)		(151)		(46)		-
Other income (expenses), net		135		-		24		15		-		174
Interest expense, net		226		85		127		147		-		585
Income (loss) before provision for income taxes		241		16		157		26		(196)		244
Income tax expense (recovery)		(14)		7		48		(63)		-		(22)
Net income (loss)		255		9		109		89		(196)		266
Non-controlling interest in subsidiaries		-		-		-		7		4		11
Preferred stock dividends		28		-		31		19		(50)		28
Net income (loss) attributable to common shareholders	$	227	$	9	$	78	$	63	$	(150)	$	227
Comprehensive income (loss) of Emera Incorporated	$	228	$	19	$	205	$	59	$	(283)	$	228

Emera Incorporated

Condensed Consolidated Statements of Income

For the year ended December 31, 2016

		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Operating revenues	$	-	$	-	$	2,494	$	1,818	$	(35)	$	4,277
Operating expenses		39		-		2,127		1,591		(35)		3,722
Income (loss) from operations		(39)		-		367		227		-		555
Income (loss) from equity investments in subsidiaries		150		-		-		-		(150)		-
Income from equity investments		18		-		-		82		-		100
Intercompany income (expenses), net		203		101		(107)		(151)		(46)		-
Other income (expenses), net		135		-		24		15		-		174
Interest expense, net		226		85		127		147		-		585
Income (loss) before provision for income taxes		241		16		157		26		(196)		244
Income tax expense (recovery)		(14)		7		48		(63)		-		(22)
Net income (loss)		255		9		109		89		(196)		266
Non-controlling interest in subsidiaries		-		-		-		7		4		11
Preferred stock dividends		28		-		31		19		(50)		28
Net income (loss) attributable to common shareholders	$	227	$	9	$	78	$	63	$	(150)	$	227
Comprehensive income (loss) of Emera Incorporated	$	228	$	19	$	205	$	59	$	(283)	$	228

Condensed Balance Sheet [Table Text Block]

		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Assets
Current assets
Cash and cash equivalents	$	276	$	21	$	47	$	94	$	-	$	438
Restricted cash		-		-		1		64		-		65
Inventory		-		-		243		175		-		418
Derivative instruments		5		-		11		131		(6)		141
Regulatory assets		-		-		114		24		-		138
Intercompany receivables		74		9		4		108		(195)		-
Receivables and other current assets		3		-		546		777		-		1,326
Total current assets		358		30		966		1,373		(201)		2,526
Property, plant and equipment, net of accumulated depreciation		17		-		12,258		4,720		-		16,995
Other assets
Deferred income taxes		70		-		(10)		71		7		138
Derivative instruments		4		-		2		110		(4)		112
Regulatory assets		-		-		552		686		-		1,238
Net investment in direct financing lease		-		-		12		469		-		481
Investments in subsidiaries accounted for using the equity method		8,490		-		-		-		(8,490)		-
Investments subject to significant influence		5		-		13		1,197		-		1,215
Goodwill		-		-		5,709		96		-		5,805
Intercompany notes receivable		1,140		4,285		1		955		(6,381)		-
Other investments - intercompany		-		-		-		70		(70)		-
Other long-term assets		29		-		68		184		(20)		261
Total other assets		9,738		4,285		6,347		3,838		(14,958)		9,250
Total assets	$	10,113	$	4,315	$	19,571	$	9,931	$	(15,159)	$	28,771

Emera Incorporated
Condensed Consolidated Balance Sheets – Continued
As at December 31, 2017
		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Liabilities and Equity
Current liabilities
Short-term debt	$	-	$	-	$	1,241	$	-	$	-	$	1,241
Current portion of long-term debt		-		-		701		40		-		741
Accounts payable		9		-		620		532		-		1,161
Intercompany payable		55		6		90		74		(225)		-
Derivative instruments		5		-		52		175		(5)		227
Regulatory liabilities		-		-		91		136		(1)		226
Other current liabilities		60		6		137		147		-		350
Total current liabilities		129		12		2,932		1,104		(231)		3,946
Long-term liabilities
Long-term debt		2,205		4,034		3,741		3,160		-		13,140
Intercompany long-term debt		656		-		4,582		1,139		(6,377)		-
Deferred income taxes		-		4		435		565		7		1,011
Derivative instruments		4		-		4		79		(4)		83
Regulatory liabilities		-		-		1,889		353		-		2,242
Pension and post-retirement liabilities		21		-		341		197		-		559
Other long-term liabilities		9		-		267		352		(19)		609
Total long-term liabilities		2,895		4,038		11,259		5,845		(6,393)		17,644
Equity
Common stock		5,601		242		4,311		2,136		(6,689)		5,601
Cumulative preferred stock		709		-		620		76		(696)		709
Contributed surplus		76		-		110		148		(258)		76
Accumulated other comprehensive income (loss)		(188)		(9)		(36)		(185)		230		(188)
Retained earnings		891		32		375		735		(1,142)		891
Total Emera Incorporated equity		7,089		265		5,380		2,910		(8,555)		7,089
Non-controlling interest in subsidiaries		-		-		-		72		20		92
Total equity		7,089		265		5,380		2,982		(8,535)		7,181
Total liabilities and equity	$	10,113	$	4,315	$	19,571	$	9,931	$	(15,159)	$	28,771

Emera Incorporated

Condensed Consolidated Balance Sheets

As at December 31, 2016

		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Assets
Current assets
Cash and cash equivalents	$	200	$	28	$	48	$	128	$	-	$	404
Restricted cash		-		-		1		86		-		87
Inventory		-		-		273		199		-		472
Derivative instruments		13		-		33		112		(13)		145
Regulatory assets		-		-		54		26		-		80
Intercompany receivable		57		9		11		569		(646)		-
Prepayments and other current assets		3		-		478		842		-		1,323
Total current assets		273		37		898		1,962		(659)		2,511
Property, plant and equipment, net of accumulated depreciation		14		-		12,724		4,552		-		17,290
Other assets
Deferred income taxes		31		-		18		114		(38)		125
Derivative instruments		12		-		2		129		(12)		131
Regulatory assets		-		-		647		595		-		1,242
Net investment in direct financing lease		-		-		13		475		-		488
Investments in subsidiaries accounted for using the equity method		8,349		-		-		-		(8,349)		-
Investments subject to significant influence		5		-		13		929		-		947
Goodwill		-		-		6,110		103		-		6,213
Intercompany notes receivable		1,341		4,558		16		589		(6,504)		-
Other investments - intercompany		-		-		-		2,270		(2,270)		-
Other long-term assets		33		-		85		175		(19)		274
Total other assets		9,771		4,558		6,904		5,379		(17,192)		9,420
Total assets	$	10,058	$	4,595	$	20,526	$	11,893	$	(17,851)	$	29,221

Emera Incorporated
Condensed Consolidated Balance Sheets – Continued
As at December 31, 2016
		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Liabilities and Equity
Current liabilities
Short-term debt	$	-	$	-	$	948	$	13	$	-	$	961
Current portion of long-term debt		-		-		436		40		-		476
Accounts payable		6		-		756		480		-		1,242
Intercompany payable		534		6		81		25		(646)		-
Derivative instruments		14		-		10		314		(13)		325
Regulatory liabilities		-		-		225		137		-		362
Other current liabilities		54		13		130		161		-		358
Total current liabilities		608		19		2,586		1,170		(659)		3,724
Long-term liabilities
Long-term debt		2,338		4,314		4,687		2,929		-		14,268
Intercompany long-term debt		366		-		4,778		1,357		(6,501)		-
Deferred income taxes		-		1		1,193		516		(38)		1,672
Derivative instruments		12		-		-		150		(12)		150
Regulatory liabilities		-		-		973		304		-		1,277
Pension and post-retirement liabilities		17		-		433		219		-		669
Other long-term liabilities		13		-		274		377		(19)		645
Total long-term liabilities		2,746		4,315		12,338		5,852		(6,570)		18,681
Equity
Common stock		4,738		242		4,177		3,997		(8,416)		4,738
Cumulative preferred stock		709		-		620		271		(891)		709
Contributed surplus		75		-		45		106		(151)		75
Accumulated other comprehensive income (loss)		106		10		340		(191)		(159)		106
Retained earnings		1,076		9		420		610		(1,039)		1,076
Total Emera Incorporated equity		6,704		261		5,602		4,793		(10,656)		6,704
Non-controlling interest in subsidiaries		-		-		-		78		34		112
Total equity		6,704		261		5,602		4,871		(10,622)		6,816
Total liabilities and equity	$	10,058	$	4,595	$	20,526	$	11,893	$	(17,851)	$	29,221

Condensed Cash Flow Statement [Table Text Block]

Emera Incorporated
Condensed Consolidated Statements of Cash Flows
For the year ended December 31, 2017
		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Net cash provided by (used in) by operating activities	$	195	$	22	$	712	$	1,125	$	(861)	$	1,193
Investing activities
Additions to property, plant and equipment		(5)		-		(1,031)		(480)		(13)		(1,529)
Net purchase of investments subject to significant influence, inclusive of acquisition costs		-		-		-		(213)		-		(213)
Other intercompany investing activities		(708)		(26)		15		1,818		(1,099)		-
Other investing activities		(34)		-		(20)		32		3		(19)
Net cash provided by (used in) investing activities		(747)		(26)		(1,036)		1,157		(1,109)		(1,761)
Financing activities
Change in short-term debt, net		-		-		365		(13)		-		352
Proceeds from long-term debt, net of issuance costs		-		-		147		(131)		113		129
Retirement of long-term debt		-		-		(413)		(55)		15		(453)
Net borrowings (repayments) under committed credit facilities		(30)		-		21		233		6		230
Issuance of common stock, net of issuance costs		682		-		134		(1,837)		1,703		682
Issuance of preferred stock, net of issuance costs		-		-		-		(195)		195		-
Dividends on common stock		(287)		-		-		(272)		272		(287)
Dividends on preferred stock		(28)		-		(29)		(13)		42		(28)
Dividends paid by subsidiaries to non-controlling interest		-		-		-		(2)		(4)		(6)
Other financing activities		290		-		96		(40)		(372)		(26)
Net cash provided by (used in) financing activities		627		-		321		(2,325)		1,970		593
Effect of exchange rate changes on cash and cash equivalents		1		(3)		2		(13)		-		(13)
Net increase (decrease) in cash and cash equivalents		76		(7)		(1)		(56)		-		12
Cash, cash equivalents and restricted cash, beginning of year		200		28		49		214		-		491
Cash, cash equivalents and restricted cash, end of year	$	276	$	21	$	48	$	158	$	-	$	503

Emera Incorporated
Condensed Consolidated Statements of Cash Flows
For the year ended December 31, 2016
		Parent	Subsidiary Issuer			Guarantor Subsidiaries	Non-guarantor Subsidiaries		Eliminations		Consolidated
millions of Canadian dollars
Net cash provided by (used in) operating activities	$	265	$	29	$	481	$	107	$	171	$	1,053
Investing activities
Acquisitions, net of cash acquired		-		-		(8,409)		-		-		(8,409)
Additions to property, plant and equipment		(2)		-		(673)		(405)		-		(1,080)
Net purchase of investments subject to significant influence, inclusive of acquisition costs		-		-		-		(276)		-		(276)
Net proceeds on sale of investment subject to significant influence and held-for-trading common shares		665		-		-		-		-		665
Other intercompany investing activities		(2,348)		(4,416)		(18)		(2,397)		9,179		-
Other investing activities		-		-		(3)		66		-		63
Net cash provided by (used in) investing activities		(1,685)		(4,416)		(9,103)		(3,012)		9,179		(9,037)
Financing activities
Change in short-term debt, net		(14)		-		122		(4)		14		118
Proceeds from long-term debt, net of issuance costs		2,037		4,187		4,516		764		(5,081)		6,423
Proceeds from convertible debentures represented by instalment receipts, net of issuance costs		(44)		-		-		1,457		-		1,413
Retirement of long-term debt		(250)		-		(6)		(36)		19		(273)
Net borrowings (repayments) under committed credit facilities		(210)		-		-		(99)		(6)		(315)
Issuance of common stock, net of issuance costs		354		242		3,865		95		(4,202)		354
Issuance of preferred stock, net of issuance costs		-		-		195		-		(195)		-
Dividends on common stock		(221)		-		-		(254)		254		(221)
Dividends on preferred stock		(28)		-		(31)		(18)		49		(28)
Dividends paid by subsidiaries to non-controlling interest		-		-		-		(2)		(3)		(5)
Other financing activities		-		-		(18)		185		(185)		(18)
Net cash provided by (used in) financing activities		1,624		4,429		8,643		2,088		(9,336)		7,448
Effect of exchange rate changes on cash and cash equivalents		(4)		(14)		7		(54)		-		(65)
Net increase (decrease) in cash and cash equivalents		200		28		28		(871)		14		(601)
Cash, cash equivalents and restricted cash, beginning of year		-		-		21		1,085		(14)		1,092
Cash, cash equivalents and restricted cash, end of year	$	200	$	28	$	49	$	214	$	-	$	491

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